Generally speaking, the yield curve is a negative for stocks. However, the stock market will wait until the yield curve reaches its maximum inversion. Then, the stock market will drop while the curve flattens/steepens.

Its global flows pushing yields to tiny levels. There is so much money out there that it literally has nowhere to go. We are in the midst or perhaps close to the end of the greatest credit mania in the history of the world.

Its global flows pushing yields to tiny levels. There is so much money out there that it literally has nowhere to go. We are in the midst or perhaps close to the end of the greatest credit mania in the history of the world.

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So, are you supposed to borrow to the hilt then and convert worthless money into hard assets (as private equity is now doing), or should you just pay off everything and go sit in a bunker in wyoming waiting for the end of the world, debt free and coccooned to the hilt?

j/k, you are somewhat right but the likelihood of this credit bubble ending anytime soon is decreasing.